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Why Yatsen Holding's Stock is Up During Today's Session

March 2, 2021 10:33 am
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Yatsen Holding's Stock Price And Volume Action

Yatsen Holding's (NYSE:YSG) stock is trading up 6.15% to a price of $19.83. Tuesday the stock has been traded at a volume of 1.08 million, about 44.54% of its recent 30-day volume average of 2.42 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Yatesen shares are trading higher after the company announced it entered into a definitive agreement to acquire prestige skincare brand Eve Lom from Manzanita Capital.

Further Analysis of Recent Price Action

The 50-day moving average price of Yatsen Holding's stock was $19.28 when this article was published. The stock reached a high of $25.47 and a low of $15.17 in the past 52 weeks.

Benzinga Pro provides investors with timely and accurate explanations of why a stock is moving. Subscribe to receive real-time alerts explaining stock price movements. Click here to learn more.

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